No injuries have been reported. Expect police activity in the area.
This is an update to this post.
Get your party shoes ready because Chadwicks Restaurant in Old Town Alexandria, Virginia is having an 80’s party ‘Big Trouble in Little Chadwicks’ August 8.
So start planning and putting your outfit together. I hear their last party was like totally rad so, don’t be a dweeb and make sure you’re at Chadwicks August 8 from 9:00 PM til 1:00 AM for this awesome party.
Who are you dressing up as? See you there!
This is an update to this post.
After both major rating agencies reaffirmed the City of Alexandria’s top bond ratings, the City earned very favorable interest rates on the competitive sale of new bonds and the refinancing of existing bonds.
“The reaffirmation of our AAA ratings is a reflection of the strong fiscal policies set forth by City Council and upheld by City staff,” said Mayor William D. Euille, who was part of the delegation that made recent presentations to the bond rating agencies. “The economic strength of our community, the development opportunities approved and underway in our commercial sector, and our vibrant tourism industry, all combine to present a very attractive opportunity for investors.”
On July 22, the City issued approximately $23 million in general obligation bonds, will be used for schools, parks, Metro and other transportation improvements and infrastructure, and public buildings. The bonds sold at a true interest cost of 2.7513%, which is one of the lowest the City has earned in recent years. “True interest cost” represents the total cost of the debt, and includes interest payments, fees, and other components. The savings over a higher interest rate is realized over the life of the debt and can be used to fund other programs and services.
The City also refinanced approximately $10 million of taxable bonds that had previously been issued for affordable housing initiatives. The new true interest cost of 2.511% will provide a net present value savings of $1.255 million over the next 13 years, which will be used to fund additional affordable housing opportunities.
The low interest rates and subsequent savings are the result of the City’s “AAA” and “Aaa” credit ratings from Standard and Poor’s (S&P) and Moody’s Investors Service, respectively, which were reaffirmed earlier in July. The City has maintained these top grades from both major bond rating agencies since 1992. The higher the rating, the lower the interest rate requjred by investors.
S&P and Moody’s both called the City’s financial outlook “stable.” Moody’s cited Alexandria’s “dynamic tax base with above average wealth levels and a satisfactory financial position that is expected to improve in Fiscal Year 2015,” reflecting the expectation that “the City’s satisfactory financial position will be maintained due to proactive management, sound financial policies and continued tax base growth and diversification.” S&P called the City’s management practices “strong, well-embedded and likely sustainable.”
The festival highlights the special role firefighters have played throughout history, especially those of Friendship. The event will feature a collection of antique fire equipment and, courtesy of the Alexandria Fire Department, a display of modern fire trucks and apparatus. Children will enjoy “driving” these big rigs and each child attending will receive a free fire helmet! The Alexandria Red Cross and the Community Emergency Response Team will also be on hand. Other attractions include craft booths, food vendors and free birthday cake which will be served at 11:00 AM.
In addition to the day’s outdoor events, festival participants will be able to experience the history of the Fire Company through a tour of the Friendship Firehouse Museum. The building was originally built as a firehouse in 1855, remodeled in 1871 and restored again in 1992 before undergoing roof and cupola repairs several years ago. There will be a variety of exhibitors of interest to all ages, food and drinks, plus the firehouse museum will be open for all to see and appreciate our forefathers efforts to protect Alexandria from fire in the 18th century. Be sure to see the old hose reel, as well as the suction pumper fire engine, both pulled by hand. Upstairs in the firehouse is the formal meeting room where business of the historic fire company was conducted.
Now a philanthropic organization focusing on fire and life safety, the Friendship Veterans Fire Engine Association remains active in community events. Free! 9 to 2 p.m. For more information, please visit this link or call 703.746.4994.
(Photo by kalacaw, on Flickr)
The Virginia Association of Museums (VAM) is pleased to announce the nominees to the 2015 Virginia’s Top 10 Endangered Artifacts program. The public is invited to vote for their favorite endangered artifact and may also donate toward its conservation starting August 1st. We’ve received a fascinating variety of artifact nominations from across the Commonwealth of Virginia and Washington, D.C.
Access the full list of 2015 nominees at this link.
Firefighting equipment from the 19th century, a 1942 Dodge WC-53 Carryall, a rare 1843 copy of the Declaration of Independence, and a WWII camera collection, including the Konica Aerial, used by the Japanese during the attack on Pearl Harbor, are but a few of the outstanding items nominated this year. A vast array of collecting institutions care for our communities’ treasures, including museums, historic houses, libraries, and historical societies. The care they provide is time-consuming and expensive. The Top 10 program brings awareness to the efforts of museums as stewards of our history, culture and heritage. Also, the program provides an opportunity for the public to get engaged by voting for their favorite artifact.
“Each year that we do this program, I am amazed by the diversity and importance of the artifacts in the care of Virginia’s museums. Each year, we have success raising awareness for endangered artifacts, and collecting institutions benefit from the Top 10 by garnering support for their conservation efforts. I am confident that this year will be no different,” says Jennifer Thomas, VAM’s executive director.
The public is invited to cast their votes in an online poll at www.vatop10artifacts.org. Those wishing to make a lasting impact can also donate to the conservation of any of the nominated artifacts. The final Top 10 Honorees will be selected by an independent review panel of collections and conservation experts and will be announced on September 15th.
The timeline for the program is as follows:
Please visit this link for updated information and a list of nominees. Photographs available upon request.
Virginia’s Top 10 Endangered Artifacts is a project of the Virginia Association of Museums and was originally funded through an Institute of Museum and Library Services (IMLS) Connecting to Collections Statewide Implementation Grant. Due to its success, the program has been replicated in Pennsylvania, Oklahoma, North Carolina, and Colorado.
(Photo by kalacaw, on Flickr)